Ex-Miami Official Says Defenses Should Remain In SEC Suit
By Cara Salvatore ( August 19, 2015, 8:57 PM EDT) -- Miami's former budget director asked a court on Tuesday not to get rid of his affirmative defenses to a Florida federal case in which the U.S. Securities and Exchange Commission alleges he and the city wrongly transferred $38 million from a capital-projects fund to a general fund to prop up ratings on its bond offerings....
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